Across
- 2. alternatives that people choose from when they give up choices
- 7. not a necessity
- 8. all natural resources
- 9. an object that can be bought
- 10. the additional satisfaction from using one more unit of a product
- 14. someone who purchases a product
- 16. an approach that weighs the benefits of an action against its costs
- 17. methods to encourage people to take certain actions
- 19. study of how people satisfy their unlimited wants with limited resources
- 20. the value of something that is given up
- 21. not enough resources to satisfy wants
Down
- 1. human effort to produce goods and services
- 3. resources needed to produce something
- 4. someone who works to make something
- 5. make decisions according to the best combination of costs and benefits
- 6. the resources made and used by people to produce goods and services
- 11. risk taker to start a business
- 12. satisfaction received from using a good or service
- 13. the additional cost of using one more unit of a product
- 15. necessity in life
- 18. a work one person does for another without being paid